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Dec 2, 2013
12/13
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cosmetics maker avon, johnson and johnson, and s.c. johnson, on their own initiative, are taking all phthalates out of their products. cal dooley of the american chemistry council. is there a panic out there? >> no, i don't think there's a panic. >> what would you call it, 'cause-- >> you know, there are some consumers out there that have some concerns about our products, and we respect that. >> i guess what i'm asking is, is the word "phthalate" now-- does it have such a stigma that the companies are going to demand you find alternatives because they're too afraid that people won't buy their products? >> no, we're not concerned about that. we understand that consumers really value the products that contain phthalates. the market is still strong there. we're going to continue to produce them. >> so while scientists and the epa search for a definitive answer on whether phthalates are harmful or not, the question for the rest of us is, should we take precautions now? if i said to you, "are phthalates harmful to humans," what would you sa
cosmetics maker avon, johnson and johnson, and s.c. johnson, on their own initiative, are taking all phthalates out of their products. cal dooley of the american chemistry council. is there a panic out there? >> no, i don't think there's a panic. >> what would you call it, 'cause-- >> you know, there are some consumers out there that have some concerns about our products, and we respect that. >> i guess what i'm asking is, is the word "phthalate" now-- does it...
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Dec 6, 2013
12/13
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johnson. he was first and foremost an african nationalist. there were communists who wanted to coopt, if you will, the movement there and he once famously went onstage at a rally of i believe the african national congress and tore up the posters of the communists who had tried to sort of commandeer the movement over there. larry, a moment ago used the word forgiveness. there was a divineness about this man's spirit, wasn't there? >> i think you would have to say if anybody would ever dare say that someone carried a christ-like mantle in their life, you would have to say that about president mandela. he clearly understood that, you know, as i think one of the authors of "cry the beloved country" wrote about south africa where she said i hope when the whites turn to loving, the blacks have not turned to hating. and that i think was president mandela's, what i call his humanitarian genius. he knew that there was hatred out there. he had seen it. he just would not under any circumstances give credit to that hatred so it would inflame south africa
johnson. he was first and foremost an african nationalist. there were communists who wanted to coopt, if you will, the movement there and he once famously went onstage at a rally of i believe the african national congress and tore up the posters of the communists who had tried to sort of commandeer the movement over there. larry, a moment ago used the word forgiveness. there was a divineness about this man's spirit, wasn't there? >> i think you would have to say if anybody would ever dare...
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Dec 5, 2013
12/13
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if you want to, you can buy johnson & johnson and procter & gamble. and my trust owns both of them because they are earnings momentum and restructuring stories respectively. we will be looking to buy them for the trust if they get hammered. i know it shouldn't be that easy. you have to be suspicious of any trading strategy that comes out so easily. but it sure makes sense if you're calling for the over so to speak, meaning more jobs as my friend and writing colleague at the street.com has suggested to me. and by the way, this man has been dead right on this number. probably the best guy i know on what the number's going to be like. besides, it's cheap insurance of what could be a treacherous 3.35% in the ten-year that will, indeed cause stocks to decline. it's going to be a shock to the parts of the stock market that are most sensitive to rates. no, i'm not calling for bonds to go to 3.5% immediately, but bonds do overshoot, and that's where the ten-year could go in a short period of time after a stronger than expected number. needless to say, you can
if you want to, you can buy johnson & johnson and procter & gamble. and my trust owns both of them because they are earnings momentum and restructuring stories respectively. we will be looking to buy them for the trust if they get hammered. i know it shouldn't be that easy. you have to be suspicious of any trading strategy that comes out so easily. but it sure makes sense if you're calling for the over so to speak, meaning more jobs as my friend and writing colleague at the street.com...
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Dec 6, 2013
12/13
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joining us right now is robert johnson. he's the founder and chairman as well as the cnbc contributor. and robert, you knew nelson mandela. how many times had you met with him? >> yeah, i had the pleasure to meet with president mandela probably five or six times over the course of being in africa. we raise multimillions of dollars through a telethon for president mandela. and he was certainly, obviously, a giant of a man in the fact he did two things that most people never do. one, you forgive your captives in a way that brings about reconciliation. and the second thing he did from an economic standpoint, he understood you simply couldn't confiscate all the white africans' assets and turn it over to blacks which many people thought he should do, including people in south africa. but he recognized that south africa was both going to be a democracy and a free market economy. and that's the unique nature of his leadership. it was not just being a revolutionary, it was also being a leader of the largest economy. >> we spoke to
joining us right now is robert johnson. he's the founder and chairman as well as the cnbc contributor. and robert, you knew nelson mandela. how many times had you met with him? >> yeah, i had the pleasure to meet with president mandela probably five or six times over the course of being in africa. we raise multimillions of dollars through a telethon for president mandela. and he was certainly, obviously, a giant of a man in the fact he did two things that most people never do. one, you...